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Allergan tells shareholders to reject Valeant deal
2014-06-23 16:54:08| Biotech - Topix.net
Allergan, the maker of Botox, said Monday that Valeant Pharmaceuticals' hostile takeover bid for the company is "grossly inadequate" and that shareholders should reject it.
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Valeant planning hostile bid for Allergan
2014-06-17 20:02:08| Biotech - Topix.net
Valeant Pharmaceuticals International Inc. Chairman and CEO J. Michael Pearson said in a conference call Tuesday that proxies seeking support for its bid may be mailed in "the near-term."
Tags: planning
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allergan
Morgan Stanley called Valeant 'house of cards' in Allergan pitch
2014-06-16 18:06:52| Biotech - Topix.net
Morgan Stanley, an adviser to Valeant Pharmaceuticals International Inc in its $53 billion hostile bid for Allergan Inc, initially tried to get hired by Allergan and in its pitch called the unsolicited bidder a "house of cards", according to Allergan.
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Valeant senior official leaves amid Allergan takeover battle
2014-06-15 00:15:49| Biotech - Topix.net
An executive vice-president of Valeant Pharmaceuticals International Inc will leave the company, even as the Canadian drugmaker fends off criticism about management turnover from its takeover target Allergan Inc. Executive vice-president and company group chairman Ryan Weldon will leave, Valeant confirmed late on Friday after inquiries by Reuters.
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Allergan board rebuffs latest Valeant offer
2014-06-10 17:26:09| Biotech - Topix.net
Allergan's board has unanimously rejected the latest takeover bid from Valeant Pharmaceuticals, and the Botox maker said the offer isn't even worth talking about.
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